12 October 2012

Ontario electricity users are on the hook for more than $700 million in extra fees because of the McGuinty government’s decision to move a gas-fired generator out of Oakville.

Provincial officials say that number is much too big.

However, one provincial source, who did not want to be named, concedes that the cost of moving the plant from Oakville to the site of the Lennox generating station near Bath, 210 kilometres east of Toronto, is $220 million more than the $40-million cost acknowledged by the province to date.